CCBill provides payment processing solutions to e-commerce organizations. Presently, the company does not have any offerings for brick-and-mortar store businesses. The company specializes in high-risk processing and worldwide payments, accepting payments in various currencies.
CCBill is one of the oldest surviving merchant service providers specializing in e-commerce in the payments industry. With no monthly charge, the company provides full-service merchant accounts and a holistic payments platform centered on its proprietary payment gateway. Until recent times, CCBill Review solutions were only intended to help online businesses. Presently, the line-up has been grown to include Omni-channel enterprise assistance, which means that conventional brick-and-mortar retail stores that also accept orders through their websites can now join this service.
The company also specializes in foreign transaction handling and can approve payments from 45 countries, such as the United States, Canada, and the majority of European countries. It is a large company, handling over $1 billion in transactions per year. While its website promotes its solutions to non-profits and regular e-commerce companies, the firm appears to be primarily focused on adult-oriented products and services. If your company falls into this group and you’ve had difficulty finding a provider, it’s worth looking into it further.
Businesses are always wary of merchant account providers who notably target high-risk vendors. Some of them provide outstanding service at a reasonable (but not relatively inexpensive) price. Others take advantage of their clients, charging outrageously high processing prices and tying up their accounts in a tangle of fees. Long-term contracts with high early termination charges are also common.
Fortunately, the company seems to be a trustworthy and secure provider. Its prices are significantly higher than merchants who aren’t in the high-risk category typically pay, but they are entirely disclosed straightaway. It is one of the only high-risk service providers that reveals its processing rates. It’s also worth noting that the supplier doesn’t seem to charge any monthly or yearly fees. As a result, its rates must be higher for it to recover the costs of managing your merchant account on your behalf.
If you want to compare a quote from CCBill against that of a different supplier, ensure to bear it in mind. It may be more economical for you, even if its handling rates are relatively high, based on your conversion volume and average transaction size. All in all, CCBill.com receives 4.5 out of 5 stars, and we refer the organization to companies that fit into the market segment it serves. While it does offer “special discount” rates to non-profit groups, It is still much costlier than some of its competing companies.
Pros and Cons of CC Bill
- Excellent for specific high-risk groups.
- Flat-rate pricing that is easy to predict.
- There is no early termination charge.
- Options for multiple currencies.
- Foreign retailers might benefit.
- Incredibly high flat-rate pricing.
- There have been complaints from customers (rather than merchants) about the CCBill Pay service.
- A rolling reserve is needed.
- After cancellation, there is a six-month minimal hold on account settlement.
CCBill Products & Services
The high-risk service provider offers a variety of options to help a company, particularly a high-risk one, thrive. Its main service is merchant payment processing, which is obtainable to sellers worldwide. Merchant customers can use CCBill’s solutions to make purchases in different currencies and up to 14 languages. It also enables merchants to accept ACH, DirectPayEU, and SEPA payments.
- Preventing Chargebacks and Fraud
- Processing of Credit Cards
- Processing of Debit Cards
- Processing of checks and ACH
- High-Risk Industries
- Payments Made Digitally
- Billing That Reoccurs
Billing & Invoicing:
- Digital Payments
- Invoicing Portal
- Online Transactions
- Multiple Currencies
- Recurring/Subscription Invoicing
CCBill Pricing, Rates & Fees
When checking the company’s pricing and charges, bear in mind that the company primarily serves high-risk enterprises. Because it serves a higher-risk industry, its fees are usually higher than those of other merchant processors. The inherent dangers of working with high-risk companies, such as chargebacks, discovering back-end processors, and variations in back-end processor rates, usually push up the price. In that perspective, the company’s payment processing appears reasonable. Most merchant processors that appeal to high-risk industries do not provide pricing upfront.
The fees charged by the company are apparent. Some publicly available rates are as follows:
- Online companies & Non-profit institutions: Starting at 3.9 percent + 55 cents for every transaction.
- Online dating websites: 5.9 percent + 55 cents for every transaction.
- High-risk companies: 10.8 percent – 14.5 percent for every transaction.
While CCBill claims that there are no system set up or monthly charges for any of its schemes, the “Blue” plan will be charged a $1,000 yearly high-risk registration fee. Furthermore, the average transaction volume for most strategies has to be greater than $10, or a 3 percent service charge will be applied. The minimal level transaction size for other schemes is $2.95. If a company on the “Complete” plan wants to incorporate recurring billing, a 2 percent recurring transaction service charge will apply. Moreover, the high-risk payment processor charges a fee in certain circumstances, like chargebacks or refunds.
Complaints, Ratings & Reviews
Among the merchants it supports, the company has a decent reputation. Since 2014, the Better Business Bureau has given CCBill an A+ rating. The organization has had 15 complaints filed against it with the BBB in the last three years, with two of them filed during the last year. Even though the complaint record is not non-existent, it should be viewed in light of the company‘s actual size. Globally, CCBill handles $1 billion in transactions.
As a specialist in online transactions, you can rely on CCBill to manage your transactions safely from anywhere in the world. Designed to care for both businesses and customers, the firm tends to raise the digital payment processing bar daily by quickly safeguarding personal purchasing information and giving expert round-the-clock assistance on behalf of over 30,000 online businesses.